Privacy approach
Data minimisation is the default, not a setting.
The split: what is public, what is private
- On Bitcoin itself, some information is inherently public. A payment amount, its timing, and the addresses involved exist on a public ledger — that is Bitcoin's nature, and BeeFi does not pretend otherwise. What BeeFi adds is discipline about what else is revealed.
- Your business and deal terms are not public. Contracts, allocations, documents, negotiation messages, and identity data live with the participants. The venue minimises what it stores: it keeps the coordination data needed to run the venue, and the compliance data it is required to keep — nothing more.
- Sensitive communication is protected end-to-end. Chat and negotiation between counterparties is designed so that only the intended parties can read it. The venue relays the messages; it does not read them.
- Attachment and disclosure are scoped to exactly what a counterparty or regulator needs to verify — and nothing beyond.
Privacy principles
- Reveal the minimum required for the counterparty or a verifier to do their job.
- Don't rely on obscurity for security. Privacy is a property, not a marketing line: the system must still be verifiable while revealing less.
- Aggregate where possible. Statistics published about the venue (if any) come from aggregated data, not individual deals.
- Delete what we don't need. Retention follows legal and operational need, not hoarding.
The honest limits
- Bitcoin transactions are public: timing, fees, and input-output structure can still leak information. BeeFi minimises the extra metadata it exposes; it cannot make Bitcoin itself private.
- Compliance (KYC/verification) by its nature collects identity data. It is stored and handled under the venue's data policies and applicable law, and is only usable for the purposes it was collected for.
- "Private" here means privacy from other participants and from casual observers, within the rules of the networks involved. It is not a promise that no information ever leaks to parties with legal authority to compel it, or to determined surveillance of the Bitcoin network itself.